If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.

Re: ag exemption?

Depends upon the town or county. I have signed $1.00 a year lease for bee yards in NY. This allowed the land owner to claim that land as ag use and therefore get the deduction on his property taxes. You will need to ask.

Re: ag exemption?

Check with your county extension agent to find out how many hive you must maintain on your property in order to qualify. If you do you will have to file farm tax showing profit and loss to the IRS. When it is all said and done, it may not be worth it.

Re: ag exemption?

I spoke to Paul Jackson last year and he told me all the same steps on the phone that mentioned in his article. What I have discovered since then is, there was a bill drafted in the 82nd legislature, but it never made it to the floor. It was later added as an attachment to SB-1 (a budget finance bill) in the special session immediately after the regular session. It was signed by the Gov, and became effective on 1/1/2012. As Paul stated, it is in the Tax code, word for word. The property has to be between 5 and 20 ac. In Texas, 6+ hives is considered an apiary.

The undoing. If you sell the property or change it's use, you are liable for back taxes for the previous 5 years + interest.